Legislation Publications Pension models About project Statistics
Legislation Publications Pension models About project Statistics

1. Introduction

2. Fundamentals of Moldova’s Pension Legislation
2.1. General Principles
2.2. Insurance Contributions and the Tax Base
2.3. Types of Pensions and Terms and Conditions of Their Assignment
2.3.1. Old-age Pensions
2.3.2. Invalidity Pensions
2.3.3. Survivor’s Pensions
2.3.4. Pensions to Specific Categories of Population
2.3.5. Social Pensions/Benefits
2.3.6. Pensions Paid at the Account of the State Budget
2.4. The Minimal Pension and Guaranteed Minimum
2.5. Pension Indexing

3. The Present-Day Demographic Setting
3.1. General Population Changes
3.2. Fertility
3.3. Mortality and Life Expectancy
3.4. Population Growth and Migration
3.5. The Base Demographic Forecast

4. Demographic Trends in the Economic Activity of the Population
4.1. Demographic Factors Affecting the Number of Population at the Economically Active Age
4.2. The Profiles and Dynamics of the Economic Activity of the Population
4.3. Projection Scenarios for the Economic Activity of the Population

5. General Employment Issues

6. Payers of Pension Contributions
6.1. The Profile and Number of Pension Contribution Payers
6.2. Projection Scenarios for Insurance Contribution Payers

7. Recipients of Pensions/Benefits
7.1. Profile of Pension Recipients
7.2. Old-Age Pensioners
7.3. Invalidity Pensioners
7.4. Recipients of Pensions for Survivors
7.5. Recipients of Social Pensions/Benefits
7.6. Forecast of Pensioner Numbers

8. Present-Day Macroeconomic Environment
8.1. Historical Background
8.2. Base Macroeconomic Forecast

9. Software Complex
9.1. Mission and Structure of the Software
9.2. Computation Scenario Block
9.3. Demography Block
9.4. Macroeconomics Block
9.5. Receipts Block (Calculation of Contributions)
9.6. Expenditure Block
9.7. Output and Reports

10. Approbation of the Model
10.1. Modelling Scenarios
10.2. Simulation Output
10.3. Computations on the Pension Calculator

Annex 1. Base scenario

Development of the Analytical Model of the Republic of Moldova’s Pension System

2.3.5. Social Pensions/Benefits

Persons receiving social pensions/benefits constitute one more, though rather small, category of pension recipients in Moldova. These pensions/benefits are funded by the state budget and fall out of any regulations stipulated in the key pension Law on State Social Insurance Pensions, No. 156-XIV. However, they represent a socially very significant part of all the pension/benefit recipients. In 2003 their number was 42,500 persons and they comprised 6.5 % of the total number of pensioners.

The right to social pensions/benefits is vested in persons who did not acquire this right within the social insurance system. They are as follows:

  1. disabled or handicapped children under 16,
  2. disabled persons, including children, aged from 16 to 18,
  3. children under 18 who have no insurance records necessary for granting an invalidity pension,
  4. college and university students under 18 who lost their bred-winners but have no entitlements to survivor’s pensions,
  5. aged persons who do not meet requirements necessary for assigning state social insurance pensions.

Since 1999 Moldova has been transforming its social pensions into social benefits (social assistance benefits or welfare benefits). In this way social pensions assigned prior to 1st January 1999, were paid after this date in the previous manner. But since 1999 persons, having no entitlements to social insurance pensions, have been assigned social benefits instead of pensions. Thus there were being effected two kinds of payments, viz. social pensions and social benefits, either of which intended for equal categories of recipients meeting equal requirements in respect of the right to the relevant payments, but amounts of these payments were different. Such a social injustice has been improved by Law No. 373, dated 26th September 2003, amending the Law on State Social Benefits for Certain Categories of Citizens, No. 499-XIV. According to the new law all social pensions have been attributed to the social benefit class.

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